EUROPE SECTIONS: Southern European prices push up further

Prices for hollow steel sections in the domestic Northern European market were stable on Wednesday March 13, while prices in Southern Europe edged up for the second consecutive week, market sources have told Fastmarkets.

Fastmarkets’ domestic price assessment for commodity-size, grade-S235 square hollow sections made in Northern Europe was unchanged week on week on Wednesday at €630-650 ($710-733) per tonne delivered. Two recent attempts by ArcelorMittal to increase the price for European steel coil, by €30 per tonne each time, have so far not been fully successful. Coil is the feedstock material for hollow sections manufacture. Fastmarkets’ weekly price assessment for domestic Northern European hot-rolled coil (HRC) was €510-520 per tonne ex-works on January...

Published

Carrie Bone

March 13, 2019

17:10 GMT

London